Business Context and Reporting Period
This Form 8-K Current Report was filed by Research Solutions, Inc. (Nevada) on April 6, 2016, covering events that occurred on March 31, 2016. The filing primarily addresses changes to the company's Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial statements or performance data.
Material Changes
- Board Departure: Scott Ogilvie resigned as a member of the Board of Directors effective March 31, 2016.
- Board Appointment: Chad J. Cooper was appointed to the Board on March 31, 2016, to fill the vacancy created by Mr. Ogilvie's resignation.
Management Commentary and Background
Mr. Cooper brings over 15 years of experience in investment banking and capital markets. He is currently the CEO of Digital Offering, a technology-driven merchant bank, and manages DO Capital Management. His prior experience includes serving as a Partner and Director of Institutional Sales at Roth Capital Partners (2002-2011). He also serves on the boards of ARI Network Services, Inc., YouMail, Inc., and Wings for Crossover.
Key Facts for Investor Verification
- Verify the effective date of Scott Ogilvie's resignation and Chad J. Cooper's appointment (March 31, 2016).
- Confirm the qualifications and potential conflicts of interest for the new director, Chad J. Cooper, given his roles at Digital Offering and DO Capital Management.
- Review the attached press release (Exhibit 99.1) for additional details on the appointment.